This property might be a fair Mid-Term investment with a projected 5.67% first-year return on $60,945 initial cash invested.
5.67%
Cash On Cash
8.91%
Cap Rate
1.35
DSCR
$2,637
Rent
$288
Cashflow
Cash Flow
$2,637 income − $2,349 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,945
Downpayment
20%
$40,900
Closing costs
1%
$2,045
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,637
Total Expenses
$2,349
Mortgage P&I
43%
$1,126
Property Taxes
10%
$256
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290